Global wireless data radio modem market
Dublin, March 16, 2022 (GLOBE NEWSWIRE) – The report “Global Wireless Data Radio Modem Market (2021-2026) by Product Type, Operating Range, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis” has been added to by ResearchAndMarkets.com offering.
The global wireless data radio modem market was estimated at $ 663.54 million in 2021 and is projected to reach $ 815.09 million by 2026, growing at a CAGR of 4.2%.
Wireless data radio modems are suitable for SCADA and telemetry applications in small to medium-sized process industries due to lower operating costs and increased reliability in line-of-sight wireless connections. Factors such as greater extensibility, reduced cost and time, mobility, ease of installation and greater efficiency have stimulated the global market demand for wireless data radio modems. The growing demand for industrial automation, transportation and government support programs will also lead to market growth. However, factors such as network signals subject to a wide variety of interference can hinder market growth.
Increasing adoption in emerging economies is expected to generate untapped opportunities for market participants.
The global wireless data radio modem market is further segmented based on product type, operating range and geography.
By product type, the market is classified into Wireless Data Radio Modem and UAV Drone Data Modem.
By Operating Range, the market is classified into Short Range and Long Range.
According to Geography, APAC should lead the market.
The report includes a competitive quadrant, a proprietary tool for analyzing and evaluating the position of companies based on their industry position score and market performance score. The tool uses various factors to classify players into four categories. Some of these factors taken into account for the analysis are the financial performance of the last 3 years, growth strategies, innovation score, new product launches, investments, market share growth, etc.
Highlights of the report:
A comprehensive analysis of the market, including the parent industry
Important dynamics and market trends
Historical, current and predicted size of the market based on value and volume
Market shares and strategies of key players
Recommendations to companies to strengthen their position in the market
Key topics covered:
1 Description of the report
2 Research methodology
3 Executive summary
3.2 Size and segmentation of the market
3.3 Market prospects
4 Market Influencers
4.1.1 The surge in the need for telemetry and SCADA applications
4.1.2 Development of wireless technology
4.1.3 Increased demand for radio modems in various sectors
4.2.1 High Initial Investment Requirement
4.2.2 Increase in the possibility of jamming
4.3.1 Increase in public spending
4.3.2 Increased use of drones for unmanned aerial vehicles
4.4.1 Increased availability of substitutes such as LoRa, Sigfox
5 Market analysis
5.1 Regulatory scenario
5.2 Porter’s five forces analysis
5.3 Impact of COVID-19
5.4 Analysis of the Ansoff matrix
6 Global Wireless Data Radio Modem Market, by Product Type
6.2 Data modem for general use
6.2.1 SCADA and telemetry
6.2.2 Mining and geo-exploration
6.2.3 Precision agriculture
6.2.5 Checking the machine
6.3 UAV drone data modem
7 Global wireless data radio modem market, by operating range
8 Global Wireless Data Radio Modem Market, By Geography
9 Competitive landscape
10 company profiles
ATM radio communications
GE Network Solutions
For more information on this report, please visit https://www.researchandmarkets.com/r/cmz2w
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